Jim Stewart
  • Male
  • Springfield, MO
  • United States
  • MO
Share on Facebook
Share

Jim Stewart's Friends

  • Nolberto
  • Veronica
  • Sue Windes
  • Guerry Clegg
  • Denis Greatens
  • Brenda Rogers
  • Lora Wilson
  • Edee Campbell
  • Nina Ward
  • Patsy Clevenger
  • Jill and Ross Stingley
  • Carolyn Joslin
  • Rick Trono
  • Barbara Pedersen
  • John Edelman

Jim Stewart's Discussions

Mortgage Forgiveness Debt Relief Act Extension

Started this discussion. Last reply by Jim Stewart Jul 16, 2012. 2 Replies

Has anyone heard anything about a possible extension of the Mortgage Forgiveness Debt Relief Act?Continue

Tags: Act, Relief, Debt, Forgiveness, Mortgage

Denial of buyers

Started this discussion. Last reply by Jim Stewart Jun 8, 2012. 3 Replies

I'm seeing what seems to be a higher percentage of buyers getting denied for financing this year.  Buyers are also seemingly having to jump through more and more hoops to get financed.  Is it just me…Continue

EverHome Short Sales

Started this discussion. Last reply by Jim Stewart Feb 18, 2010. 3 Replies

Hey, I have recently listed two homes with mortgage through EverHome Mortgage. I am looking for anyone who has tips or info to share. They use "National Quick Sale" for the short sales. Anyone out…Continue

 

Jim Stewart's Page

Latest Activity

Jim Stewart commented on Wendy Rulnick's group Wells Fargo Short Sales
"FHA short sale with Wells. ATP for price of $181,500 issued on 3/1/17 and good through 6/29/17, fully executed by seller and confirmed in WFC hands. Now WFC says appraisal is no longer valid and new ATP is needed with new appraisal of $205,000.…"
Mar 21
Jim Stewart commented on Stephanie Lim's group FHA - HUD Short Sales
"FHA short sale with Wells. ATP for price of $181,500 issued on 3/1/17 and good through 6/29/17, fully executed by seller and confirmed in WFC hands. Now WFC says appraisal is no longer valid and new ATP is needed with new appraisal of $205,000.…"
Mar 21
Jason Childs joined Jim Stewart's group
Thumbnail

EverHome Short Sales

EverHome Mortgage short sales.See More
Feb 24
Jim Stewart commented on Stephanie Lim's group FHA - HUD Short Sales
"I just had a short sale denied by Wells. Wells told me the FMV was 181500 and asked me to price it according.  Offer was $172000.  Net including full payoff of a HUD partial claim was well within the 88% guideline but Wells said HUD denied…"
Feb 21
Jim Stewart replied to Mike Rosania's discussion FHA short sale with Partial Claim in the group FHA - HUD Short Sales
"I just had one denied by Wells. Wells told me the FMV was 181500 and asked me to price it according.  Offer was $172000.  Net including full payoff of the partial claim was well within the 88% guideline but Wells said HUD denied the…"
Feb 21
Jim Stewart commented on Wendy Rulnick's group Wells Fargo Short Sales
"I haven't done a WFC short sale in a couple of years. Looks like they are no longer on Equator. Is that correct?  Thanks!"
Oct 3, 2016
Thomas Guarino joined Jim Stewart's group
Thumbnail

EverHome Short Sales

EverHome Mortgage short sales.See More
Jul 7, 2016
TIM HARVEY joined Jim Stewart's group
Thumbnail

EverHome Short Sales

EverHome Mortgage short sales.See More
Apr 14, 2015
TIM HARVEY liked Jim Stewart's group EverHome Short Sales
Apr 14, 2015
philicia lloyd joined Jim Stewart's group
Thumbnail

EverHome Short Sales

EverHome Mortgage short sales.See More
Feb 10, 2015
Chris McGee joined Jim Stewart's group
Thumbnail

EverHome Short Sales

EverHome Mortgage short sales.See More
Jan 22, 2015
Jim Stewart commented on Stephanie Lim's group FHA - HUD Short Sales
"Well, Jason, I suppose I just got a new wrinkle in my brain. I've never heard of this before. Thanks for the info!"
Sep 19, 2014
Jim Stewart commented on Stephanie Lim's group FHA - HUD Short Sales
"Ok, this is a first... Bank of America is telling my seller that her FHA mortgage is no longer an FHA mortgage because "the government sold the loan" and that it must be processed as a conventional loan.  This of course is after…"
Sep 19, 2014
Jim Stewart commented on Wendy Rulnick's group Bank of America Short Sales
"Ok, this is a first... Bank of America is telling my seller that her FHA mortgage is no longer an FHA mortgage because "the government sold the loan" and that it must be processed as a conventional loan.  This of course is after…"
Sep 19, 2014
Jim Stewart commented on Wendy Rulnick's group Wells Fargo Short Sales
"Thanks guys!  I'll try that and see what happens!"
Jun 11, 2014
Jim Stewart commented on Stephanie Lim's group FHA - HUD Short Sales
"Working on an FHA short sale through Wells Fargo. Received the following request today from the WFC processor: "I am stuck on this file right now, I need Bankruptcy Attorney and/or agent to obtain the court consent to sell property. There is a…"
Jun 11, 2014

Profile Information

First Name
Jim
Last Name
Stewart
Are you a...
Agent
State
MO
City
Springfield
My Profile
Certified Distressed Property Expert (CDPE), Licensed Broker,

Jim Stewart's Blog

Extortion from banks on short sales

Posted on March 3, 2010 at 2:26pm 9 Comments

I have two short sale listings where the mortgage company is Everhome Mortgage. They are requiring that I go through National Quick Sale for the actual short sale processing. The problem is that National Quick Sale wants up front money, one percent of the sale price plus another $250 processing fee for the "right" to do business with them even though I don't want to do business with them. They say the seller cannot pay the fees and that they must be listed on the HUD as coming out of my… Continue

Comment Wall (3 comments)

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

At 9:15am on March 13, 2012, Corinn said…

Hi Jim.  I noticed you had an issue with Midland Mortgage back in November regarding the condition of a property for an FHA short sale.  Can you tell me what ever came about with that situation?  I'm currently facing the same thing with one of my clients.  Thank you!

At 12:01pm on September 9, 2011, Joe Elmer said…
Thanks for the quick response.  Have a good weekend.
At 11:40am on September 9, 2011, Joe Elmer said…
Hi Jim, just received an approval letter from Everhome Mortgage on a short sale I have. In their letter they call it "approval of the Pre-foreclosure Sale" vs short sale.  I have never had an approval letter call it a pre-foreclosure sale.  Is this just their terminology?  Thanks, Joe Elmer
 
 
 

Members

Badge

Loading…

© 2017   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************